Airlines avoid parts of Iran-controlled airspace after U.S. regulator’s order
Some global airlines are re-routing flights to avoid Iran-controlled airspace over the Strait of Hormuz and Gulf of Oman, they said on Friday, after the...
‘White Knight’ Delta buys stake in Korean Air parent, dampens activist threat
Delta Air Lines bought a small stake in Korean Air Lines Co’s parent company and said it wants to increase it to 10%, giving a...
Central banks will want oversight of Facebook’s Libra: Bank of England’s Carney
Major central banks and regulators will want oversight of Facebook’s proposed new currency and payment system, Libra, to ensure it is safe and does not...
Oil slips, but still propelled to gain for week as Mideast tensions grow
Oil prices reversed earlier gains on Friday but benchmark Brent crude was still set for its first weekly gain in five weeks amid rising tensions...
Dollars in the detail; banks pan for gold in ‘data lakes’
From sending special offers on restaurants to burger-loving current account holders to selling anonymised credit card records, banks are racing to monetize the huge troves...
Exclusive: Exxon’s $53 billion Iraq deal hit by contract snags, Iran tensions – sources
Just weeks ago, U.S. energy giant ExxonMobil looked poised to move ahead with a $53 billion project to boost Iraq’s oil output at its southern...
Asian stocks slip amid persisting trade angst, political tensions
Asian stocks slipped on Friday, as U.S.-Iran tensions and anxieties over Sino-U.S. trade talks left markets in the region struggling to match the euphoria on...
North Korea has more than sanctions to overcome for foreign investment: report
A historic visit by Chinese President Xi Jinping this week may have bolstered Kim Jong Un’s hopes that economic relief may be coming soon, but...
Oil prices dip, still set for weekly gains amid Mideast tensions, rate cut hopes
Oil prices reversed earlier gains on Friday but benchmark Brent crude was still set for its first weekly gain in five weeks amid rising tensions...
UK’s Domino’s eyes Europe chief of Aussie Domino’s as next CEO: Sky News
(This June story corrects throughout to say UK’s Domino’s to replace its CEO with Europe CEO of Australia’s Domino’s Pizza Enterprises)...